Malpractice insurers also have what's called reinsurance (basically a 2nd insurance policy by a third insurer who insures the malpractice insurer's larger liabilities). Some peds (doctors in general) don't listen to their bankers when bankers try to talk to them about money management and how to manage their cash flow which can increase the practice's returns.
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annakolod 4 years ago
Malpractice insurers also have what's called reinsurance (basically a 2nd insurance policy by a third insurer who insures the malpractice insurer's larger liabilities). Some peds (doctors in general) don't listen to their bankers when bankers try to talk to them about money management and how to manage their cash flow which can increase the practice's returns.
christschool 4 years ago